India Seed Market Outlook to FY 2020
Rapid Hybridization and Increased Government Support to Foster Future Growth
Region:Asia
Product Code:KR365
December 2015
283
About the Report
The industry has grown at a rapid pace of ~% over the period FY’2010-FY’2015 and has reached INR ~ billion in FY’2015 on account of rapid adoption of BT cotton hybrids, single cross corn hybrids, and hybrid vegetables. Rising awareness among the farmers related to the benefits of using certified/ quality seeds has led to an increase in the demand for seeds over the past few years. This has resulted in an increasing willingness among the farmers to pay higher prices for quality seeds.
The Indian seed market is majorly contributed by non-vegetable seeds such as corn, cotton, paddy, wheat, sorghum, sunflower, and millets. In FY’2015, the non-vegetable seeds accounted for ~% of the overall seed market in India and generated revenue worth INR ~ million. On the other hand, vegetables accounted for ~% of the market in FY’2015. Non-
The vegetable seed market in India is largely concentrated in cotton, contributing the largest share of ~% to the overall market in FY’2015, followed by paddy with a share of nearly ~% to the overall revenue of the market. The hybrid seed market has grown at a stupendous CAGR of ~% over the period FY’2010-FY’2015. The contribution of varietal seeds to the overall commercial seed market in Indian has witnessed a steep decline from ~% in FY’2010 to ~% in FY’2015.
The Indian seed industry is projected to grow by ~% over the period FY’2016-FY’2020 and will reach INR ~ billion in FY’2020 as compared to INR ~ billion in FY’2015. The growth of modern retail channels with the ingress of prominent national and multinational brands is also anticipated to support the market growth in the coming years. Additionally, impelling
demand due to increased subsidies and renewed government thrust on the use of high-yielding varieties is also expected to provide spurt to the overall seed market in India.
The Indian hybrid seed market underwent a drastic change during the early 2000s with the introduction of BT cotton hybrids, which has led to more than 90% of the cotton area in India being under hybrids. Since then, the private seed companies have promoted BT cotton to capture surpluses through the sale of hybrids each year. The hybrid seed market in India has been growing tremendously over the last five years. The market has increased at a CAGR of ~% for the period FY’2010- FY’2015.
The hybrid seed market is highly competitive with the presence of several players with advanced technological capabilities. The hybrid seed market in India is largely held by Nuziveedu Seeds, Mahyco seeds, Monsanto, Rasi Seeds, Bayer India, Pioneer Seeds, and Syngenta which captured nearly ~% of the market in FY’2015. The hybrid vegetable seed market in India is majorly concentrated among the top five companies contributing ~% of the market in FY’2015. Du Pont Pioneer is the largest player in the hybrid vegetable seed market in India with a market share of ~% in FY’2015. With over ~ seed varieties in ~ vegetable crops, Du Pont Pioneer is a renowned leader in the hybrid seed industry in the world.
- The market size of the seed market in India, FY’2010-FY’2015
- The market size for the hybrid seed market in India. FY’2010-FY’2015
- Market segmentation of the seed on the basis of hybrid and non-hybrid, vegetable and non-vegetable seeds, national and
- local seeds, Farm saved, and national seeds.
- Market Segmentation by type of non-vegetable and vegetable seeds
- Market Share of leading players in hybrid seed market in India, FY’2015
- SWOT Analysis of India seed market.
- Trends and Development in the India seed market.
- Government Regulations in the India seed market.
- Competitive landscape detailed company profiles and market share of the major manufacturers of the India seed market.
- Macro-Economic Factors affecting India seed market.
- Future outlook and projections of the basis of revenue in India seed market, FY’2016-FY’2020
- Future outlook and projections of the basis of revenue in India hybrid seed market, FY’2016-FY’2020
Products
Companies
Table of Contents
1. India Seed Industry Introduction
1.1. Historical Overview
1.2. Current Outlook
2. India Seed Industry Value Chain Analysis
2.1. Model I (Distributor-Wholesaler-Retailer-Farmer)
2.2. Model II (Seed Corporation-Dealer-Farmers)
2.3. Model III (Storage- CNF Agents-Sub-Dealers-Farmers)
3. India Seed Industry Market Size, FY’2010-FY’2015
3.1. By Revenues, FY’2010-FY’2015
3.2. By Production Volume, FY’2010-FY’2015
4. India Seed Industry Segmentation
4.1. By Hybrid and Non-Hybrid Seeds, FY’2010-FY’2015
4.2. By Non-Vegetable and Vegetable Seeds, FY’2010-FY’2015
4.2.1. By Types of Non-Vegetable Seeds- Cotton, Paddy, Wheat Maize, Sorghum, Sunflower and Others, FY’2010-FY’2015
4.2.2. By Type of Vegetable Seeds, FY’2015
4.2.2.1. By Open Pollinated Vegetable Seeds-Onion, Gourds, Peas, Coriander, Radish, Cucumber and others, FY’2015
India Open Pollinated Seed Market Snapshot
4.2.2.2. By Hybrid Vegetable Seeds-Tomato, Chilli, Okra, Melon, Cauliflower, Eggplant and others, FY’2010-FY’2015
India Vegetable Seed Market Snapshot
4.3. By Breeder, Foundation and Certified/ Quality Seeds, FY’2012-FY’2015
4.4. By Industry Structure, FY’2010-FY’2015
4.4.1. By Private and Public Sector, FY’2010-FY’2015
4.4.2. By Farm saved and Commercial Seeds, FY’2015
4.4.3. By Regional and National Players, FY’2015
5. India Hybrid Seed Market Introduction
5.1. Indian Hybrid Seed Market Size by Revenues, FY’2010- FY’2015
5.2. Indian Hybrid Seed Market Segmentation, FY’2010-FY’2015
5.2.1. By Products- Cotton, Corn/Maize, Vegetables, Sunflower Bajra, Sorghum, Rice and others, FY’2010-FY’2015
5.3. Market Share of Major Players in India Hybrid Seed Industry, FY’2015
5.3.1. BT Cotton Seed Market, FY’2015
5.3.2. Hybrid Corn/Maize Seed Market, FY’2015
5.3.3. Hybrid Bajra/Pearl Millet Seed Market, FY’2015
5.3.4. Hybrid Rice/Paddy Seed Market, FY’2015
5.3.5. Hybrid Vegetable Seeds Market, FY’2015
5.3.5.1. Tomatoes Seed Market, FY’2015
5.3.5.2. Okra/Bhindi Seeds Market, FY’2015
5.3.5.3. Brinjal/Eggplant Seed Market, FY’2015
5.3.5.4. Chilli Seed Market, FY’2015
5.3.5.5. Cabbage Seed Market, FY’2015
5.4. Indian Hybrid Seed Market Future Outlook and Projections, FY’2016- FY’2020
5.4.1. By Major Hybrid Seeds- Cotton, Corn/Maize, Vegetables, Sunflower Bajra, Sorghum, Rice and Others, FY’2016-FY’2020
6. India Seeds Industry External Scenario, FY’2013-FY’2015
6.1. India Seed Import Value and Demand, FY’2013-FY’2015
6.2. India Seed Export Value and Revenue, FY’2013-FY’2015
7. Pricing Analysis of Seeds Industry in India and Seed Replacement Rate by Seeds
8. Market Analysis of India Seed Industry
8.1. SWOT Analysis of India Seeds Industry
8.1.1. Strengths
Product Innovation
Self- Sufficiency in Foodgrains
Favorable Agro-Climatic Zones
8.1.2. Weaknesses
Non-Uniform Regulatory Process
High Reliance on Rainfall
Large Number of Unorganized Players in vegetable Seeds
8.1.3. Opportunities
Favorable Government Policies
Increasing Mechanization in Agriculture
Increase in Seed Replacement Rate
Rising Acceptance of Commercial Seeds
Adoption of High Density Planting
8.1.4. Threats
Pressure on Agricultural Sector
Decline in Average Land Holding Size
Reduction in Prices
9. Issues and Challenges in India Seeds Industry
Shrinking Resource Base
Labour Shortage
Changing Weather Conditions
Long Production Periods
10. Indian Seed Industry Trends and Developments
10.1. Growing International Seed Trade
10.2. Strengthening of Intellectual Property Rights
10.3. Increase in Governmental Regulations
10.4. Growing Share of Organized Players in BT Cotton Market
10.5. Improvements in Single Cross Hybrid Seeds
10.6. Increasing Hybridization
11. Government Policies and Regulations in India Seed Industry
11.1. Government Policies in India Seeds Industry
Seeds Control (Amendment) Order, 2006
The Seeds Act, 1966
The Seeds Bill, 2011
National Seeds Policy, 2002
New Policy on Seed Development, 1988
The Seeds Rules, 1968
Protection of Plant Varieties and Farmers Right Act, 2001
The Plant Quarantine (Regulation of Import into India) Order, 2003
11.2. Seed Certification System in India
Eligibility Requirements
11.3. Variety Seeds Registration Procedure
11.4. Project Cost Approved by Government for Seed Industry During XI Plan
11.5. Seed Testing Laboratories
12. Required Investment to Setup Seed Processing Plant in India
13. Competitive Landscape of Major Players in India Seed Industry
13.1.1. Competitive Landscape of Major Players in India Seed Market
13.1.2. Brand Analysis
14. Company Profiles of Major Players in Indian Seed Market
14.1. Nuziveedu Seeds Limited
14.1.1. Business Overview
14.1.2. Business Strategies
Investment in Research and Development
Focus on Strengthen Position in Cotton Seeds
Expand Customer Base and Distribution Network
Growth Through Mergers and Acquisitions
Unveiling New Brand Entity
Adapting to Shifting Consumer Needs
14.1.3. Financial and Operating Performance, FY’2010-FY’2015
14.1.4. Product Portfolio
14.2. Maharashtra Hybrid Seed Company (Mahyco) Limited
14.2.1. Business Overview
Business Model of Mahyco Seeds
14.2.2. Business Strategies
Expanding Product Portfolio
Impoverished Technologies
14.2.3. Financial and Operating Performance, FY’2010-FY’2015
14.2.4. Product Portfolio
14.3. Monsanto India Limited
14.3.1. Business Overview
14.3.2. Business Strategies
Focused Research and Development Strategy
Discover-Develop-Deliver
Seed Segment- A Long term Investment Opportunity
14.3.3. Financial and Operating Performance, FY’2010-FY’2015
14.4. Du Pont Pioneer
14.4.1. Business Overview
14.4.2. Business Strategies
Continuous Developing of Products
Setting up Research and Development Facilities
14.4.3. Financial and Operating Performance, FY’2010-FY’2015
14.5. Rasi Seeds
14.5.1. Business Overview
14.5.2. Business Strategies
Increased Focus on Developing Virus Resistant Cotton Varieties
Surging Research and Development Expenditure
14.5.3. Financial and Operating Performance, FY’2010-FY’2015
14.5.4. Product Portfolio
14.6. Bayer Corp India Ltd.
14.6.1. Business Overview
14.6.2. Business Strategies
Establishing New Breeding Stations
Expansion through Acquisition of Domestic Companies
Focus on Improving the Manufacturing and Distribution Channels
14.6.3. Financial and Operating Performance, FY’2010-FY’2015
14.6.4. Product Portfolio
14.7. Kaveri Seeds Company Limited
14.7.1. Business Overview
14.7.2. Business Strategies
Launches of New Products
Scaling up of Kexveg
Investment in Research and Development
14.7.3. Financial and Operating Performance, FY’2011-FY’2015
14.7.4. Product Portfolio
14.8. DCM Shriram Limited
14.8.1. Business Overview
14.8.2. Business Strategies
Thrust on High-Growth Crops
New Product Launches
Business Distribution Network
14.8.3. Financial and Operating Performance, FY’2010-FY’2015
14.9. Ajeet Seeds Private Limited
14.9.1. Business Overview
14.9.2. Product Portfolio
15. Indian Seed Industry Future Outlook and Projections, FY’2016- FY’2020
15.1. By Hybrid and Non-Hybrid Seeds, FY 2016-FY 2020
Key Opportunities for Future
15.2. Cause and Effect Relationship between Industry Factors and Indian Seed Industry Prospects
15.3. Analyst Recommendations
Existing Players in the Market
New Players Entering the Market
Government Role in India Seed Market
Prioritization and Policy Perspective
For Research Institutes
16. Macro-Economic Factors Affecting the Indian Seed Industry
16.1. Population of India, CY’2010-CY’2019
16.2. GDP from Agriculture and Allied Activities, FY 2010-FY 2020
16.3. India Public Sector Expenditure Under Agriculture and Allied Activities, FY’2010-FY’2020
16.4. Institutional Credit to Agricultural Sector in India, FY’2010-FY’2020
16.5. Gross Production of Food Grains and Non- Food Grains, FY2010-FY 2020
16.6. Minimum Support Price for Key Crops in India, FY 2010-FY 2020
17. Appendix
17.1. Market Definitions
17.2. Abbreviations
17.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
17.4. Disclaimer
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